Terms of Service

JoJo Markets welcomes customers to open an account with them and to provide customers with trading in currency pair products (as defined in the customer notice above) through or through the account opened by the customer at JoJo Markets. To this end, JoJo Markets and the client agree as follows:

Word definition and title

The term "JoJo Markets" includes JoJo Markets, its divisions, heirs and assignors.
The term "customer" means the party that entered into this Agreement.
The term "this Agreement" means the agreement or authorization given by the Client and JoJo Markets in connection with the opening, maintenance and operation of the relevant account(s), including but not limited to this Client Agreement, Customer Notice, Risk Disclosure Declaration, account opening application form and all authorizations given to JoJo Markets. The paragraph headings of this Agreement are added for the convenience of the examination and therefore do not limit or affect the application and meaning of the paragraphs.

Agreement acceptance and binding effect

Only after JoJo Markets confirms and approves the client's account opening application, this agreement can be regarded as a contract that has been accepted by JoJo Markets and becomes a mutually agreed and binding agreement between the customer and JoJo Markets. This Agreement (including this Client Agreement, Customer Notice, Risk Disclosure Statement, Account Opening Application Form and all authorizations granted to JoJo Markets) will continue to be valid upon acceptance by JoJo Markets as above and covers the Client's opening or re-opening at JoJo Markets at any time. All accounts opened, regardless of any mergers, mergers or other changes in JoJo Markets.

Transaction authorization

JoJo Markets can place orders with some or all of the customer's buying and selling orders. JoJo Markets is authorised to trade currency pairs for client accounts, such as banks, financial institutions or senior participants, in accordance with the client's verbal, written, fax or computer online instructions. Unless the client objects in writing, JoJo Markets is authorised to execute all orders to a counterparty such as a bank, financial institution or senior participant that JoJo Markets considers appropriate. JoJo Markets reserves the right to rely on all instructions or instructions received from the Client, either verbally, in writing, by fax or on the computer network, including its employees, partners, and legally responsible persons ("Related Authorizers"), as long as JoJo Markets does not receive the Client. Notify the relevant authorizer that it is not authorized. Customer authorizes JoJo Markets to rely on and execute any instructions, authorizations or information that appears to be obtained from Customer or its licensors. The Client agrees that (i) JoJo Markets is authorized to execute the instructions without the need to check the validity of the instructions, the instructions will be deemed to be valid orders issued by the Authorizer; (ii) in any case, JoJo Markets does not need to verify the instructions. Validity or the authenticity of any signature; (iii) in the case of JoJo Markets's act and no negligence, the Client will bear all the consequences and risks of unauthorised instructions from any representative, employee, or licensor, Customer Responsible for any loss, expense, gratuity, damage, funds, claims, litigation or claims (etc.). The Client also warrants that JoJo Markets will not be held liable or claiming compensation and that JoJo Markets will not incur any loss as a result of any of the above, including any actual actions taken or arising from JoJo Markets, delaying actual action or refusing to take action, provided by Customer to JoJo Any instructions or materials of the Market, including improper, unauthorized, false or fraudulent instructions issued by the customer's employees, licensors or representatives, even if the instructions are not authorized by the customer.

Execution of discretion

JoJo Markets reserves the right to limit the total number of orders placed by customers each time. JoJo Markets reserves the right to limit the amount and/or total amount of positions held or held by the customer at any time. JoJo Markets will execute the order it accepts in accordance with the instructions of the client computer or the answering machine. JoJo Markets reserves the right to refuse to accept any order or guarantee market hedging. However, JoJo Markets will not be liable for any loss or damage caused by events, actions or omissions that JoJo Markets may not directly or indirectly control, including but not limited to any delay in the transmission of orders or information due to transmission or communication facility failures. Or loss or damage caused by inaccuracy.

Pending order trading platform execution mechanism

The client understands and agrees that the trading platform processes the order according to its own execution mechanism. When multiple orders arrive at the effective price at the same time, the order of execution is not in accordance with the price, and the order in which the order is created is also one of the judgment factors. Regardless of the order in which the platform is involved in processing the simultaneous transaction orders, the client agrees that the processing mechanism of the final transaction price of the trading platform shall prevail, and JoJo Markets Group shall have the final interpretation right over the processing mechanism of the trading platform. Some pending order transactions may not be effective or the specified price may not be executed. If the order is a stop limit order, there is no guarantee that the order will be executed at the limit price without prior notice. The Client agrees not to hold the JoJo Markets Group accountable for potential profits lost as a result of the pending order.

Government, rival institutions and interbank system rules

All transactions under this Agreement are governed by the charter, bye, regulations, rules, customs, usage, rulings and interpretations of the counterparty or other interbank market (and its clearing organization, where applicable) governing the execution of the Agreement, and perform all appropriate British law. Any stipulations passed thereafter, or any terms passed by any government agency, or any terms affecting/conflicting this Agreement, will be deemed to be altered or replaced by the relevant statutes, regulations, and other terms and conditions will continue to be complete. Effective. The Client acknowledges that all transactions under this Agreement are subject to the aforementioned regulatory requirements.

Consent to cross transaction

The Client hereby acknowledges and agrees that it is possible that a certain salesperson, director, affiliate, affiliate, employee, bank or bank employee, dealer and/or JoJo Markets may be The opponent, broker or principal of the transaction conducted by the client's account. The only restrictions the Client hereby consent to in connection with the above transactions are any possible regulations or regulations relating to the bank, institution, exchange or trading committee that executed the purchase order, or any possible restrictions and conditions of other regulatory agencies.

Margin and deposits

The Client is required to provide and maintain the amount or level of Margin set by JoJo Markets from time to time. According to market conditions, JoJo Markets reserves the right to change margin requirements at any time. The Client agrees that when JoJo Markets makes a request for a recovery or increase in margin, the Client shall promptly and promptly satisfy all margin call notification requirements by the deposit method requested by JoJo Markets, and any fees involved in the deposit process, including bank charges and exchange rate differences And all related expenses are borne by the customer. Due to the time required to process the deposit of the customer, the customer may not be able to use the deposited deposit as the deposit of the new position in real time, and may not be able to act as a margin call. The client agrees to bear all the coercion due to failure to meet the margin requirement in time. Loss of liquidation, the loss may exceed the customer's initial margin, that is, all funds in the account. JoJo Markets may at any time force the Client's account to be closed in accordance with the provisions of this Agreement, even if JoJo Markets does not exercise the right, it does not mean that it waives the right. Any JoJo Markets past margin requirements do not prevent JoJo Markets from raising the above margin requirements without any reason or explanation. The Client reserves the right to notify JoJo Markets at any time to withdraw the designated available cash balance. The Client agrees that the fees involved in any remittance and transfer process, including bank charges, exchange rate differences and all related fees, shall be borne by the Client. The client fully understands that JoJo Markets and the relevant bank need time to process the withdrawal of the relevant customer, and the customer may not receive the extracted amount in real time. The Client agrees not to hold all of JoJo Markets's liability for failure to meet its withdrawal requirements in a timely manner. Once the customer's withdrawal request is confirmed, JoJo Markets will deduct the amount from the customer account balance in real time. The client must ensure that the bank account he has designated belongs to the client and that JoJo Markets does not accept third party deposits and withdrawals.

Account settlement and arrears payment

In the event of any one or more of the following:

  • Customer's death, neurological disorder or judicial declaration of inability;
  • The client applies for bankruptcy, or chooses to custodian, or the client applies to the court for bankruptcy, liquidation or other similar legal process, either voluntarily or passively or by anyone;
  • Any of the Client's assets are taken over by the Receiver or similar officer or subjected to any seizure or judgment;
  • The client's account margin is insufficient, regardless of the market price at the time;
  • Customer has not provided JoJo Markets with any relevant materials or information required by this Agreement; or
  • Any other circumstances or changes in which JoJo Markets should take protective measures,
    JoJo Markets has the absolute discretion to take one or more of the following actions without prior notice to the Client by providing a margin or margin call or by any notice:
    • JoJo Markets uses its funds or property hosted or controlled by the Client as compensation
    • the sale and purchase of any debt held by the customer in the account of the customer; and
    • the cancellation of any or all outstanding orders, or any other commitments made in the name of the customer, regardless of Whether the benefits involved are unique to the customer or shared with others. In the above transactions, JoJo Markets has the absolute discretion to conduct through any inter-bank or other frequently-operated trading market, and JoJo Markets may purchase all or part of it without redemption restrictions. As long as JoJo Markets makes a request to the client, the client will be immediately liable for the debts of his account, including the corresponding interest (ie the bank preferential interest rate plus 3c/o or the legally prescribed maximum interest rate, whichever is lower) and other related expenses. The client is responsible for any remaining debts when his account is closed in whole or in part by JoJo Markets or the customer himself or at any time. If there are multiple accounts under the customer's name, JoJo Markets has the absolute discretion to merge the accounts under the customer's name and offset any account surplus against the debt or deficiency of any account.

Cost

The Client will pay all fees and other special services (including but not limited to premiums and discounts, reporting fees, idle account fees, order cancellation fees, transfer fees and other fees) and fees (including but not limited to premiums and discounts). This includes, but is not limited to, fees charged by interbank institutions, banks, contract markets, or other regulatory or self-regulatory organizations. JoJo Markets may charge commissions, fees and/or charges without notice. The Client agrees to pay JoJo Markets the interest on the amount due. All such fees will be paid by the customer at the time of the occurrence or at the discretion of JoJo Markets. Customer agrees that JoJo Markets deducts the above fees from its account. When the client instructs JoJo Markets to transfer the open positions, funds, and/or property of his account to another institution, the client agrees to pay the transfer fee determined by JoJo Markets. JoJo Markets confirms that all prices quoted to customers do not include premiums and discounts.

Arbitrage

Internet, connection delays, errors in quotes, or loopholes in the quotation system can sometimes cause quotes on the JoJo Markets trading platform to not accurately reflect real-time market prices. "Arbitrage", "cutting" and "scratching scalp", or using the plug-in software (ie any third-party auxiliary software not released by JoJo Markets) for rapid opening and closing operations The behavior (hereinafter collectively referred to as "arbitrage") is not allowed to exist in the over-the-counter market where the customer directly deals with the dealer. JoJo Markets does not allow customers to perform such arbitrage on their company's trading platform. Any transaction made by a customer using a potential arbitrage opportunity may be cancelled. JoJo Markets reserves the right to make necessary corrections and adjustments to accounts involving carry trades. JoJo Markets will have and, in its absolute discretion, require traders to intervene or approve all orders and or terminate the accounts of the relevant customers without prior notice to the customer. JoJo Markets will own and rely on absolute discretion to resolve disputes arising from arbitrage or manipulation of prices. JoJo Markets reserves the right to freeze customer withdrawals until it is fully resolved. Any action or decision stated herein does not relieve or damage any rights or remedies JoJo Markets has for the Client and its employees.

Price, order execution and platform manipulation

JoJo Markets strictly prohibits the manipulation of its price, order execution and platform in any form (collectively referred to as “manipulation”). If JoJo Markets suspects that any customer or account is engaged in manipulation, JoJo Markets reserves the right to investigate and review the customer or related account, and deduct the profit earned from the relevant activity from the suspected account. JoJo Markets reserves the right to make necessary corrections or adjustments to the relevant account. For accounts suspected of manipulation, JoJo Markets relies on absolute discretion to require traders to intervene, approve orders, or terminate accounts with relevant customers. JoJo Markets will resolve any dispute arising from arbitrage and or manipulation at its absolute discretion. JoJo Markets may, at its discretion, report the incident to any relevant regulatory agency or law enforcement agency. Any action or decision stated herein does not relieve or damage any rights or remedies JoJo Markets has for the Client and its employees.

Mortgage agreement

All of the Client's funds, currency and other property, if held or controlled by JoJo Markets at any time on behalf of the Client, will be collateralized by JoJo Markets and may be restricted to ordinary customers due to their obligations to JoJo Markets. Lien and hedging rights. JoJo Markets may, at its sole discretion, devote all funds, currency or other property of the Client to any account of the Client at any time without notice to the Client. The Client also authorizes JoJo Markets to pledge, re-collateralize, invest or lend any property of the Client as a security deposit or collateral to JoJo Markets itself or other parties, either alone or in conjunction with the property of other Clients. This authorization applies to all accounts held by JoJo Markets for the Client and is valid until the Client has paid all the debts in full, or before JoJo Markets issues a notice of revocation.

Liquidation day and extension

All of the customer's currency pair product positions will be displayed in the customer's account in US dollars on the trading day, and will be liquidated within 48 hours, and the US dollar will be used as the settlement currency. Positions will be automatically transferred after an additional 48 hours, unless (i) the customer gives instructions to SaJo Market to be satisfied, in accordance with JoJo Markets's practice, usual fees and re-delivery fees; (ii) JoJo Markets accepts the customer's Orders may have a discretion to hedge the position of the currency on the product. The Client shall indicate whether to deliver or hedge before noon on the previous working day of the currency pair product clearing date. In the absence of timely instructions from the customer, JoJo Markets will be deemed to have obtained the client's authority and discretion to decide whether to extend the monetary position of all or any of the customers in the JoJo Markets account. All related risks are borne by the customer.

Recording

Customer agrees that JoJo Markets has the right to take recording procedures and use it as a definitive customer instruction or communication. The Client further agrees that in any dispute or lawsuit involving any Client and JoJo Markets, either party may use such recordings or transcripts as evidence. Customer understands and agrees that JoJo Markets may periodically remove such recordings in accordance with the business model it employs.

Third party controller

JoJo Markets absolutely does not allow clients to delegate transactions or manage their accounts to third parties, whether on autonomous or non-autonomous basis.

Customer statement and commitment

  • The client himself is a well-informed, legally-aged, and legally competent person;
  • Only the account holder/client himself has the benefit of his account;
  • The client has sufficient investment experience and financial ability to withstand the risks of currency-to-product transactions;
  • The Client is not employed by any exchange, the company holding most of the capital of the Exchange, members of the Exchange and or companies, banks, trusts or insurance companies registered with the Exchange;
  • The information provided by the customer (including all personal data) is true, accurate and complete;
  • The Client will fully comply with the relevant local laws, including the need to comply with the requirements of such jurisdictions or jurisdictions to identify all necessary formalities for obtaining government or other consent, and for the use of the Platform for transactions that require payment of local Any taxes, duties and other amounts;
  • The client will not engage in any arbitrage or manipulation activities;
  • Understand all the terms of this Agreement, including but not limited to the above customer notices and risk disclosure statements;
  • The Client understands and agrees to perform all obligations, responsibilities and undertakings of the Client under this Agreement;
  • If any of the above statements and pledges are incorrect for any reason, it is the customer's responsibility to immediately notify JoJo Markets in writing.

Password protection

The customer must keep the password provided by JoJo Markets to the customer confidential and ensure that no third party has access to their trading facilities. Customer agrees to be responsible for all instructions sent to JoJo Markets via email, electronic trading platform, telephone or in writing, even if issued by a third party, as long as these instructions have been authenticated with the customer's password or customer's signature and account number, and are based on JoJo Markets The judgment believes that this is the customer's surface authorization. JoJo Markets is not obligated to make further enquiries regarding these surface authorizations, nor is it responsible for the consequences of actions taken or not taken in accordance with these surface authorizations. The customer is solely responsible for the confidentiality, security and use of the password.

Disclaimer

  • The Client understands, understands and agrees that JoJo Markets will not incur any loss to the Client due to any one or more of the risks described in this Agreement (including but not limited to the above Customer Notices, Risk Disclosure Statement) (whether Directly or indirectly) bear any responsibility.
  • The Client understands, understands and agrees that JoJo Markets will not give JoJo to the Client as a result of JoJo Markets driving or not driving or driving any of its discretion or under this Agreement (including but not limited to the discovery of arbitrage or manipulation activities). All losses (whether directly or indirectly) suffered by the rights of the Market bear any responsibility.
  • The Client understands, understands and agrees that JoJo Markets will not assist the Customer in any loss or liability (whether directly or indirectly) in this Agreement (including but not limited to the above Customer Notice, Risk Disclosure Statement). Take any responsibility.
  • Quote error
    When there is an error in certain quotes or transaction prices, JoJo Markets will not be liable for any errors in the account balance caused by this error. Such errors may include, but are not limited to, a trader's incorrect quote, a non-international market price quote, or any quote error (eg, a quoted error due to hardware, software or communication or system network failure or a third party provided the wrong number) and many more). JoJo Markets is not responsible for the account balance caused by the error. When the customer places an order, sufficient time is required to execute the order and the time required for the system to calculate the required margin. When the order's strike price or order setting is too close to the market price, this may trigger other orders (whether that type of order) or issue a margin call. JoJo Markets will not be liable for margin calls, account balances or account positions resulting from insufficient time for the system to execute orders or perform calculations. The above shall not be considered as content. In the event of a quote or execution error, JoJo Markets reserves the right to make necessary corrections or adjustments to the relevant account. JoJo Markets will own and rely on the absolute discretion to resolve any dispute arising out of the quotation or execution error. In the event of any loss, damage or liability to JoJo Markets, the Client agrees to indemnify JoJo Markets from damage.
  • All customers must be aware that any return is non-guaranteed. In addition, JoJo Markets is not responsible for any allegations or warranties made by JoJo Markets, its employees, and/or any other person.
  • JoJo Markets will not be responsible for delays in the transmission of instructions due to transmission or communication facility failures, power shorts or any other reason that JoJo Markets cannot control or anticipate.
  • JoJo Markets will only be liable for actions directly caused by JoJo Markets's deliberate fault or fraud. JoJo Markets will not be liable for damages caused by other faults.

Communication

Reports, statements, communications and other notices may be sent to the email address or address provided by the customer at the time of account opening or the email address or address that the customer may update to JoJo Marketss from time to time in writing or online. All reports, statements, communications and other notices sent by this means, whether by mail, email or other means, are deemed to have been sent by JoJo Marketss once they have been sent to the relevant postal service or received by the sending organization, and are deemed to have been delivered to the customer. I, whether or not the customer actually received it.

Report and confirmation

Order confirmation reports (such as daily statements, monthly statements, etc.) and customer account statements will be considered correct, final, and binding on the customer, unless the customer receives the JoJo Marketss online trading platform or other means of delivery The report immediately made a written objection within two days.

Agreement modification

Customer agrees that JoJo Marketss may modify or vary any of the terms of this Agreement or add any new terms from time to time. JoJo Marketss will make these changes, changes or additions posted on its website and notify customers. Customers are required to periodically review the changes to the terms. Any purchase or sale or purchase order made by the Client after the modification, alteration or addition of the JoJo Marketss website will be deemed to be agreed to and accept such modification, alteration or addition. Nothing in this Agreement shall be waived or amended unless the amendments, changes or additions are amended by JoJo Marketss in the above form or jointly signed by the Client and JoJo Marketss. In no event shall JoJo Marketss's failure to insist that its rights under this Agreement be construed as a waiver of JoJo Marketss' rights. No verbal agreement or instruction may be recognized or enforced.

Compensation

Customer agrees that if Customer fails to fully and promptly perform its commitments or if its representations or warranties are not true or correct, it will bring any debt, loss, damage, cost or expense (including attorneys' fees) to JoJo Marketss, Customer This will be 100% compensation to JoJo Marketss and will not be harmed.

Transfer of rights

JoJo Marketss may delegate all or part of the rights or obligations of this Agreement to any person without the customer's consent or approval.

Termination

This Agreement will remain in effect until terminated. Customer may terminate this Agreement at any time, but Customer must have no open position currency to hold the product and do not have any debt to JoJo Marketss, and JoJo Marketss actually received written notice of the termination agreement. JoJo Marketss may also file a written notice of termination of the Agreement with the Client at any time and shall become effective from the date of the first settlement on the date of the notification. The termination of the above agreement will not affect any previously entered into the transaction and will not relieve any party of any obligations under this agreement, or relieve the customer of any debt obligations.

Credit status

The client authorizes JoJo Marketss, or its employees, to investigate the credit status of the customer and to verify and determine customer information with the relevant banks, financial institutions and credit institutions in the name of JoJo Marketss. The client further authorized JoJo Marketss to investigate its current and past investment activities.

Governing law and jurisdiction

This Agreement is based on the interpretation and enforcement of the United Kingdom.

Overall and full content of the agreement

This Agreement, together with the Account Opening Application and related attachments, constitutes the entire and the entire contents of this Agreement. This Agreement supersedes all written or oral agreements relating to the subject matter of this Agreement, leveraged currency pair trading, as signed or promised by both parties in the past.